Nematicides Market Size, Share & Trends Analysis Report By Type (Bio Nematicides, Fumigants, Organophosphates, Carbamates), By Form (Liquid, Granular or Powder), By Crop Type (Oilseeds, Cereals & Grains, Fruits & Vegetables), By Application (Drenching, Soil Dressing, Fumigation, Seed Treatment), Based On Region, And Segment Forecasts, 2022 - 2028

  • Report ID: BMRC 782 | Number of pages: 200 | Published Date: Aug 2022

    Published | Category: Agriculture | Delivery Timeline: 48 hrs

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Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027

Global Nematicides Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028- Increasing demand for high-value crops, rising demand for modern farming techniques, and growing investments in the research and developments are some of the major factors driving the growth of the Global Nematicides Market. 

The Global Nematicides Market is valued at USD 1403.4 Million in 2021 and is expected to reach USD 1913.7 Million by 2028 with a CAGR of 4.53% over the forecast period. 

Scope of Global Nematicides Market Report- 

A nematicide is a type of chemical insecticide used to kill plant-parasitic nematodes. There are various types of nematicides such as bio nematicides, fumigants, organophosphates, carbamates, and others. Nematicides are broad-spectrum toxicants that have high volatility or other properties that promote migration through the soil. An example of a commonly used commercial nematicide is the carbamate insecticide Aldicarb (Temic), sold by Bayer CropScience. It is important in potato production, where it is used to control soil-borne nematodes. They are used on fruits and vegetables like potatoes, tomatoes, pineapples, etc. Apart from protecting against parasites, it also helps in increasing soil fertility. 

The Covid-19 pandemic has shown a negative impact on the growth of the global nematicides market. Due to the imposition of lockdown restrictions across the world, the supply chain has been disrupted. Factors such as manpower shortage and limited supply of raw materials due to movement restrictions have dampened the market growth. 

The global nematicides market is segmented on the type, form, crop type, application and region & country level. Based on type, the global nematicides market is segmented into bionematicides, fumigants, organophosphates, carbamates, and others. By form, the global nematicides market is segmented into liquid, and granular or powder. By crop type, the global nematicides market is segmented into oilseeds, cereals & grains, fruits & vegetables, and others. By application, the global nematicides market is segmented into drenching, soil dressing, fumigation, seed treatment, and others. 

The regions covered in the global nematicides market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global nematicides is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc. 

Key Players of Global Nematicides Market Report- 

Some major key players for the global nematicides market report cover prominent players like BASF SE, Bayer CropScience AG, Corteva Agriscience, Syngenta International AG, FMC Corporation, Isagro SpA, Marrone Bio Innovations Inc, Nufarm Limited, UPL Limited, Bioworks, Inc., American Vanguard Corporation, and others.  

News- 

BioConsortia Announced Two New Nematicides 

On March 21st, 2022; BioConsortia, Inc. moved two new nematicides into its development and registration phase after excellent field trial results on corn and other important food crops. New products control nematode pests & increase crop yields. Plant parasitic nematodes are small, ubiquitous roundworms that feed on plants. They directly target the roots of major production crops and inhibit the absorption of water and nutrients thereby reducing crop performance. 

Syngenta Announced New Nematicide/Fungicide Technology 

On May 7th, 2020; Syngenta announced Tymirium, a new nematicide and fungicide technology platform under development for seed and soil-applied use. Tymirium is based on the active ingredient cyclobutrifluram. It provides long-lasting protection against a broad spectrum of nematode pests and diseases in all major crops and geographies. Nematodes not only attack crops but also open the way for further fungal infection. Tymirium technology offers strong control of both nematodes and soil-borne diseases, particularly Fusarium species. 

Increasing Demand for High-Value Crops, Rising Demand for Modern Farming Techniques, and Growing Investments in the Research and Developments are Some of The Major Factors Driving the Market Growth  

One of the major factors driving the growth of the nematicides market is the increasing demand for high-value crops. High-value agricultural products are generally defined as products with a high economic value per kilogram, per hectare, or per calorie, including fruits, vegetables, eggs, milk, meat, and fish. Rising consumer income, rapid urbanization, and increasing awareness of the health benefits associated with fruits and vegetables are the major factors driving the demand for high-value crops (fruits, vegetables, and plantation crops). In addition, the increase in foreign direct investment (FDI) has led to an increase in the production of high-value crops. Demand for nematodes is mainly found in high-value crops, such as pome fruits, grapes, cotton, tomato, maize, cotton, and other vegetable and ornamental crops, as they improve crop quality and yield. For instance; on August 23rd, 2021; DA launched a high-value crop program in San Fernando. Therefore, many innovations in various high-value crop industries promote the growth of the nematicides market. 

In addition, the rising demand for modern farming techniques is also boosting the growth of the nematicides market. Farmers are adopting modern farming techniques and using the latest technology to increase crop production. They are also using a variety of nematicides specially formulated to kill harmful insects and not affect other organisms. Nematicide-treated nets are also being used to help farmers reduce pest risk and increase crop yields. For instance; on May 17th, 2022; Syngenta Seedcare launched VICTRATO, a novel seed treatment that targets damaging nematodes and diseases in many crops.  

Moreover, the growing investments in research and development activities are also supplementing the nematicides market growth. The increasing focus of key players on innovation and development of new crop protection solutions has influenced them to invest in research and the developments have positively impacted the growth of the market. However, the pesticide residues problem associated with nematicides may hinder the growth of the global nematicides market. Despite that, increasing adoption of organic farming and advancement in farming methods may create more opportunities for the further growth of the market. 

Asia Pacific is Expected to Show a Fastest Growth in the Global Nematicides Market  

Geographically, Asia Pacific is expected to show a fastest growth in the global nematicides market within the forecast period due to high growth of agriculture, and technological advancements in this region. Its increasing demand for agriculture coupled with high growth of agriculture sector in this region is driving the growth of the market. For instance; according to The Food and Agriculture Organization (FAO), on May 7th, 2020; globally, the area of agricultural land is approximately five billion hectares or 38 percent of the world's land surface. About one-third of this is used as cropland, while the remaining two-thirds consist of meadows & pastures. 

North America is expected to dominate the global nematicides market within the forecast period due to increasing demand for nematicides, rising demand for crop yield & efficiency, and growing organic farming in this region. 

Key Benefits of Global Nematicides Market Report– 

  • Global Nematicides Market report covers in-depth historical and forecast analysis 
  • Global Nematicides Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level. 
  • Global Nematicides Market report helps to identify opportunities in marketplace.    
  • Global Nematicides Market report covers extensive analysis of emerging trends and competitive landscape. 

Global Nematicides Market Segmentation: - 

By Type: 

  • Bio Nematicides 
  • Fumigants 
  • Organophosphates 
  • Carbamates  
  • Others 

By Form: 

  • Liquid 
  • Granular or Powder 

By Crop Type: 

  • Oilseeds 
  • Cereals & Grains  
  • Fruits & Vegetables 
  • Others 

By Application: 

  • Drenching 
  • Soil Dressing 
  • Fumigation  
  • Seed Treatment  
  • Others 

 

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Nematicides Market Size, Share, Growth And Forecast By 2027

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Nematicides Market Size, Share & Trends Analysis Report By Type (Bio Nematicides, Fumigants, Organophosphates, Carbamates), By Form (Liquid, Granular or Powder), By Crop Type (Oilseeds, Cereals & Grains, Fruits & Vegetables), By Application (Drenching, Soil Dressing, Fumigation, Seed Treatment), Based On Region, And Segment Forecasts, 2022 - 2028

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